Radiaction News
9 articlesRadiaction Medical Raises $12.6 Million in Series C2 Funding and Elects Christopher Barys as a New Member to Its Board of Directors
Cassling Partners with Radiaction Medical to Help Protect Interventional Teams from Scatter Radiation
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Radiaction receives FDA clearance for radiation protection system, secures $10 million in funding CTech
Israeli medical device company Radiaction Medical has completed a $10 million funding round and received FDA clearance for its Shield System. The funding will be used to launch the Shield System in the US and further commercialize in Europe. Radiactions technology applies radiation protection directly to the X-ray device, reducing scattered radiation in cath labs by over 90%. This reduces the risk of radiation-related illnesses for medical staff. The Shield System blocks and captures scattered radiation at the source, providing protection to the head and upper body of all personnel in the room. Radiaction was founded by Amir Belson in 2014.
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Radiaction Opens First EU Radiation Protection Center of Excellence in Collaboration with Mazowiecki Hospital in Ostrołęka, Poland
Radiaction Medical Ltd. has entered into a collaboration with the Interventional Cardiology unit of Mazowiecki Hospital in Poland. The hospital has received the first installed system in the EU to protect medical staff from X-ray radiation exposure. The collaboration includes the sale of the shielding device and ongoing data collection and research. The partnership aims to enhance the clinical evidence of the devices performance and its integration into the clinical workflow. Radiaction plans to expand its clinical footprint in the EU and enter the US market.
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Radiaction Medical Unveils Innovative Radiation Protection Solution at RSNA 2021
Radiaction Medical, a medical device company, is launching its US operation and demonstrating its innovative radiation shielding solution at the Radiological Society of North America annual conference. The solution provides full-body shielding to medical personnel during fluoroscopy-guided procedures, reducing scattered radiation. The system has shown a reduction in scattered radiation of 91% in Interventional Cardiology procedures and 93% in Electrophysiology procedures. Radiaction is building a demonstration center in Florida to allow partners and physicians to evaluate the systems integration into clinical workflow. The company aims to change the paradigm of protection for medical teams during fluoroscopy-based procedures.
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Radiaction Medical Ltd. Secures Additional Patents in US and Japan - En-Route to Commercialization of its Radiation Shielding Technology
Radiaction Medical Ltd. has been granted additional patents in the US and Japan for its radiation shielding device. The device provides full-body shielding to medical personnel during fluoroscopy-guided procedures, reducing scattered radiation. The system has demonstrated high performance in reducing scattered radiation in clinical environments. Radiaction has been continuously expanding its IP assets and is nearing commercialization. The company has also gained CE mark under the MDR, allowing for initial installations in Europe. Radiaction was founded by Amir Belson and is based in Tel Aviv, Israel.
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Radiation Protection Company Radiaction Raises $18 Million
Tel Aviv-based radiation protection company Radiaction Ltd. has raised an $18 million funding round from New York-based investment firm InnovaHealth Partners LP. The companys technology applies radiation protection to X-ray devices, eliminating the need for medical staff to wear protective gear. Radiaction was founded by serial entrepreneur Amir Belson, who previously sold his medical device startup Vascular Pathways Inc. for $81.5 million in 2015.
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InnovaHealth Partners Invests in Radiaction, the Technology Leader in Robotic Radiation Protection
InnovaHealth Partners has made a growth equity investment in Radiaction and acquired a majority interest in the company. Radiaction has developed a robotic system that reduces radiation exposure to physicians and technicians. The investment from InnovaHealth is expected to accelerate Radiactions commercial development and expand its clinical leadership.
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Radiation shielding co RadiAction Medical raises $5.7m
RadiAction Medical, an Israeli startup, has completed a $5.7 million Series A financing round led by HighGround Tairun Investment LLPs. The company has developed a radiation shielding device for fluoroscopic systems in interventional suites. The technology allows medical teams to increase the number of image-guided interventional procedures performed annually while reducing the risks of exposure to X-ray radiation. RadiAction plans to use the funding to accelerate R&D, complete required tests, obtain regulatory clearances, and bring the product to market.
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